Post Utme Uniosun 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2021 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the country's GDP is $100 billion, consumption is $50 billion, investment is $20 billion, government sp\ending is $15 billion, exports are $30 billion, and imports are $25 billion, what is the value of the country's net exports?

Answer Options

Correct Answer A. $5 billion
B. $10 billion
C. $15 billion
D. $20 billion
Correct Answer
A
Correct Option:
$5 billion

About This Question

This is Post Utme Uniosun 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Uniosun Economics examination.

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